Key Takeaways
- ADC chieftain Kenneth Okonkwo alleged that President Bola Tinubu’s loan bid, totalling about ₦30.2 trillion, was a scheme to buy votes.
- Speaking on News Central Television on Wednesday, Okonkwo claimed the $20.5 billion and €1.04 billion borrowing targeted the 2027 elections rather than development.
- The Presidency had not responded to Okonkwo’s allegation at the time of reporting, while some Nigerians questioned the rationale for further borrowing.
A chieftain of the African Democratic Congress (ADC), Kenneth Okonkwo, has alleged that President Bola Tinubu’s $20.5 billion and €1.04 billion, loan bid totally about ₦30.2 trillion is a vote buying scheme.
Naija News reports that Okonkwo, Speaking during an interview on News Central Television on Wednesday, said the advice to borrow such a huge amount must have come from a madman.
Okonkwo said the loan is targeted on eve of the 2027 general elections, stressing it is not for development but to rig the election.
The Nollywood actor cum politician also declared that 2027 will be a battle for the soul of Nigeria, adding that it is either Tinubu goes or the country goes.
He said, “The advice to Tinubu to borrow $20.5b and €1.04b (N30.2trn) on the eve of the election must have come from a madman and is targeted to be used to buy votes.
